Hossam Mounir

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MSMEDA offers EGP 1.19bn finance for 48,743 small, micro projects last 4 months

Funding size is good, given negative economic effects of coronavirus, says Gamea

Hossam Mounir

CBE offers EGP 20bn in T-Bills as market awaits Finance Ministry move

The CBE will issue Treasury Bills and bonds worth EGP 186bn in…

Hossam Mounir

MSMEDA allocates EGP 5.4bn to female microenterprises

Finance expected to reach 216,000 projects over five years, providing 250,000 jobs,…

Hossam Mounir

FAB acquisition talks with Bank Audi Egypt terminated

Bank Audi Group CFO Tamer Ghazaleh said that, despite the failure of…

Hossam Mounir

NIB invests EGP 800m to raise AIB capital

Updated 2019-2022 strategic plan approved, includes new products and development of internal…

Hossam Mounir

CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir

MSMEDA, Banque du Caire contribute EGP 620m to finance 40,000 micro-projects

First contract worth EGP 500m will finance micro-projects,  second project for financing…

Hossam Mounir

CBE’s Monetary Policy Committee convenes to decide on interest rates

Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests…

Hossam Mounir

FEB orders obligatory mask-wearing in banks, starting next week

FEB called on citizens to abide by these procedures, so that banks…

Hossam Mounir

CIB commits $7m to test kits, support families impacted by COVID-19

The CIB contribution will also be dispersed to the National Emergency and…

Hossam Mounir